Financial Regulation

Financial Regulation

Reforming the Regulatory Moat


“Most of us in business think that regulations have been holding back growth,” said JP Morgan Chase’s Jamie Dimon. 


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Posted: May 22nd, 2017 | Permalink

How Does Banking System Help Economies?

“You need large institutions to support your large companies and your large economies,” said Brian Moynihan, president of Bank of America. “The reason why the U.S. banks are larger is because our economy is 30% to 40% larger than the next biggest… What do you accomplish out of [breaking up banks]? …With [Bank of America’s] $200 billion capital base, $500 billion of liquidity behind it and only have about $30 billon dedicated to trading businesses that people are most concerned about—I’d rather than that structure—especially as a person at the end of the day that has to pay for the cleanup.” 


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Posted: May 19th, 2017 | Permalink

Policy Reforms for an Accountable Administrative State

“The modern administrative state reflects a profound failure of republican self-governance,” wrote National Affairs’ analysts. “Today’s federal agencies wield immense power and broad discretion, with too little accountability to the people, and too little regard for the rule of law. But this is not a failure of the agencies themselves. Rather, it is the collective failure of our ...legislative, executive, and judicial branches, [which] have chosen to cede such power and discretion to the administrative state; they have eschewed [using] their constitutional powers to direct, channel, and restrain its energy and will.”


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Posted: May 11th, 2017 | Permalink

Breaking Up Is Hard to Do


“When a market becomes overly concentrated, you reduce competition and competition is the life blood of what makes a free economy work.”


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Posted: May 2nd, 2017 | Permalink

Banks Report Strong Earnings



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Posted: April 20th, 2017 | Permalink

March-April 2017 Disruption Report

The transportation revolution is going to shake our world.

[Connected and autonomous vehicles] will transform our economy and change the landscape of almost every industry. Although some sectors will be more significantly affected than others, ripple effects will be felt throughout most, if not all industries. As the effects compound, the overall magnitude of the impacts would multiply. ...With the assumption that CAVs will eventually become pervasive, or at least hold a large share of the automotive market, it is nassured that they will have a strong economic impact, potentially as much as $1.2 trillion or more. Professor Kara M. Kockelman University of Texas-Austin January 2017.

Professor Kara M. Kockelman

University of Texas-Austin

January 2017

 

 


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Posted: April 18th, 2017 | Permalink